According to THIS link from DataQuick we’re back to Spring 2005 levels.
Here it the thing, the article says the SoCal median is $444,000 and the typical mortgage payment is $2111. A 30yr loan on 444k with $88,000 down at 6.8% would be $2,320 which is the basic mortgage payment only. And I know most are not putting 20% down, how did they arrive at this low figure?
